HSBC Hong Kong Cayman Reception
During his visit to Hong Kong Premier McKeeva Bush attended a financial services industry reception hosted by HSBC on behalf of the Cayman Islands at its Hong Kong headquarters. Among industry partners attending the reception were representatives from Maples, Appleby,…
EADS subsidiary GPT sued by bribery allegation company [in Cayman Islands]
By Jonathan Russell, and Angela Monaghan, Daily Telegraph A Cayman Islands company alleged to have received millions of pounds in bribes from an arm of defence giant EADS is suing the subsidiary after its contract was terminated. Duranton International, which…
[Celine Dilbert from Cayman Islands] at Fall River pageant in spotlight as Ms. Senior Sweetheart film premieres
By Phil Devitt Fall River Spirit Editor Len Kaplan couldn’t help but smile as he waited outside the BMC Durfee High School auditorium. His girls were in town — all 22 of them. And his pageant had hit the big-time….
Mozambique to Become Vital Energy Exporter
By Terrence Murray, The Financialist Offshore Mozambique is believed to hold huge natural gas reserves, large enough to turn the country into a pivotal energy exporter. Mozambique’s economy is poised to undergo a radical transformation with the ongoing development of…
Emanuel Steward: Legendary boxing trainer dies aged 68
Emanuel Steward, who trained legendary fighters Thomas Hearns, Lennox Lewis and Wladimir Klitschko among many others, has died at the age of 68. As an amateur boxer, Steward won 94 of his 97 fights and a National Golden Gloves bantamweight…
U.K. Top Court Won’t Recognize U.S. Bankruptcy Judgments
By Erik Larson on October 24, 2012 Britain’s top court decided for the first time that U.S. bankruptcy rulings against debtor companies that don’t appear in court to defend themselves can’t be recognized in the U.K. Allowing so-called default judgments…
UPDATE: CENTER OF SANDY PASSING NEAR ELEUTHERA ISLAND IN THE NORTHWESTERN BAHAMAS
HURRICANE SANDY DISCUSSION NUMBER 14 NWS NATIONAL HURRICANE CENTER MIAMI FL AL182012 500 PM EDT THU OCT 25 2012 SATELLITE IMAGERY SHOWS THAT STRUCTURAL CHANGES ARE ALREADY OCCURRING WITH SANDY. DRY AIR ALOFT AND SOUTHWESTERLY FLOW ASSOCIATED WITH AN UPPER-LEVEL…
Argentina calls for international help over seized ship [by order sought by Cayman Islands investment fund]
Argentina’s foreign minister on Monday called on the United Nations to help free a navy sailing ship seized in Ghana over an unpaid debt. Foreign Minister Hector Timerman sought help from the UN Security Council and Secretary General Ban Ki-moon…
Greenlight Capital Re to Release Third Quarter 2012 Results
GRAND CAYMAN, Cayman Islands, Oct. 24, 2012 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (Nasdaq:GLRE), a specialist property and casualty reinsurer based in the Cayman Islands, today announced that it expects to release financial results for the third quarter 2012…
Bank of America sued for $1bn for alleged mortgage fraud
Bank of America is being sued for $1bn (£624m) for alleged mortgage fraud. The civil lawsuit has been brought by the US Attorney Preet Bharara, the top federal prosecutor in Manhattan, New York. He accuses Countrywide Financial, which Bank of…
